India–Singapore Comprehensive Economic Cooperation Agreement

The Comprehensive Economic Cooperation Agreement (CECA) is a free trade agreement between Singapore and India to strengthen bilateral trade. It was signed on 29 June 2005.[1]

For the agreement between India and Malaysia, see Comprehensive Economic Cooperation Agreement.

In 2005, both nations signed the Comprehensive Economic Cooperation Agreement (CECA) and have organised the India-Singapore Parliamentary Forum and the Singapore-India Partnership foundation with active support from the Federation of Indian Chambers of Commerce and Industry (FICC), the Confederation of Indian Industry (CII) and the Singapore Business Federation to promote trade, economic development and partnerships.[2][3][4] The CECA eliminated tariff barriers, double taxation, duplicate processes and regulations and provided unhindered access and collaboration between the financial institutions of Singapore and India.[2][3] The CECA also enhanced bilateral collaboration related to education, science and technology, intellectual property, aviation and relaxed visa regulations for Indian professionals in information technology, medicine, engineering and financial fields to emigrate and work in Singapore.[2][3] Singapore has invested in projects to upgrade India's ports, airports and developing information technology parks and a Special Economic Zone (SEZ).[2] India has become Singapore's 4th biggest tourist destination and more than 650,000 Indians visited Singapore in 2006. Both nations have worked to collaborate on aviation, aerospace engineering, space programmes, information technology, biotechnology and energy.[2]

See also

References
  1. "Overview of India (CECA)". International Enterprise Singapore. 2005. Archived from the original on 24 June 2015. Retrieved 25 July 2015.
  2. "IPCS Special Report - India-Singapore Relations" (PDF). Institute of Peace and Conflict Studies. Archived from the original (PDF) on June 11, 2007. Retrieved 2008-06-18.
  3. "India, Singapore ink pact". Asia Times. 2005-07-02. Retrieved 2008-06-18.
  4. "India-Singapore Economic and Commercial Relations". Federation of Indian Chambers of Commerce and Industry. Archived from the original on 11 June 2008. Retrieved 18 June 2008.
  5. "Conclusion of the second review of the India-Singapore Comprehensive Economic Cooperation Agreement". www.mti.gov.sg.
  6. "Can firms hire Indian professionals in Singapore without valid work passes, or without adhering to fair employment guidelines?". www.gov.sg.
  7. "Singapore blocks visas for Indian IT professionals - Times of India ►". The Times of India.
  8. "Committed to CECA review with India, says Singapore". 6 April 2017 – via The Economic Times.
  9. "Third review of landmark India-Singapore economic deal to focus on trade facilitation, e-commerce and customs". The Straits Times. 1 September 2018.
  10. "FTAs Singapore Has Signed". Enterprise Singapore. 15 September 2019.
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